Newly Renovated Restaurant

$180,000

Business description

This is a great opportunity to buy a turn-key restaurant in the heart of Portland’s Old Port. The business is located in a custom renovated space that offers 1,250+/- square feet in a highly desirable area with excellent exposure to foot traffic. The space has over $300,000 in recent renovations and the current lease still has 4 years left with a 5 year renewal option.
Craig Church Listing Agent

Craig Church

office: (207) 774-7715
cell: (207) 318-6498

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  • Asking price $180,000
  • Gross Revenue N/A
  • EBITDA N/A
  • FF&E $87,979 (included in asking price)
  • Inventory N/A
  • Lease Rate $5,000 / Month
  • Established N/A
  • Real Estate Leased
  • Building SF 1,250
  • Lease Expiration N/A
  • Employees 3 FT, 1 PT
  • Facilities 1,250 square feet of newly renovated restaurant space in a highly desired location.
  • Competition The market for this type of business is great right now and this one will be very desirable with the recent renovations to the space.
  • Growth & Expansion The owner currently markets in a local newspaper and thinks that a new owner could benefit from expanding on that.
  • Support & Training TBD
  • Reason for Selling N/A